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    909 Andy Devine Ave Kingman, AZ 86401

    For Sale
    $1,500,000

    Historic Route 66 Motel, 46 Units, High Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property, situated on nearly one acre in the heart of historic downtown Kingman, Arizona, presents a unique investment opportunity along the iconic Route 66. The 46-unit motel, boasting a blend of studio, one-bedroom, and two-bedroom configurations, offers significant potential for revitalization. Currently generating income through weekly and monthly rentals, the property comprises forty studio apartments, five one-bedroom/one-bathroom units, and one two-bedroom/two-bathroom unit. While some units have undergone minor renovations, others require substantial work, presenting a flexible canvas for a variety of redevelopment strategies. The property's prime location near local shops, restaurants, and attractions makes it ideally positioned to capitalize on Kingman's thriving tourism sector. This is a rare chance to acquire a piece of Route 66 history and create a thriving business in a vibrant and growing community. The property's size and existing infrastructure provide a solid foundation for a successful renovation or repurposing project. Investors seeking a value-add opportunity with significant upside potential will find this property particularly attractive. The existing rental income stream provides immediate cash flow while allowing for phased renovations and strategic improvements.

    Property Features for 909 Andy Devine Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    41,382 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arcadia Lodge Hotel Sarahmae1623 Shopping Mall

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kingman
    County
    Mohave
    State
    Arizona
    Longitude
    -114.0427
    Latitude
    35.18693

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Route 66 Motel, 46 Units, High Potential
    Where is this mixed-use property located?
    The property is located at 909 Andy Devine Ave Kingman, AZ.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (928) 718-0100
    Request Owner's contact information
    909 Andy Devine Ave Kingman, AZ 86401
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    Kingman, AZ 86401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    909 Andy Devine Ave Kingman, AZ 86401
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